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Home > Headlines > US to allow transactions involving Lukoil and Caspian Pipeline Consortium, website shows

Headlines

US to allow transactions involving Lukoil and Caspian Pipeline Consortium, website shows

Published by Global Banking and Finance Review

Posted on November 14, 2025

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WASHINGTON (Reuters) -The United States issued general licenses on Friday authorizing transactions involving certain Lukoil entities in Bulgaria and petroleum services and other transactions related to the Caspian Pipeline Consortium, a posting on the Treasury Department's website showed.

Another license also authorized companies to talk to Lukoil about buying their foreign assets.

(Reporting by Timothy Gardner, Katharine Jackson)

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